Trevor Williams, former Chief Economist at Lloyds Bank Plc, now operates TW Research, a research consultancy. He serves as a Visiting Professor at the University of Derby, rotates as Chairman of the Institute of Economic Affairs Shadow Monetary Policy Committee (SMPC), and co-authored "Trading Economics: A Guide to Economic Statistics for Practitioners." Trevor contributes to Economia's editorial board, and advises Sheffield University Management School. A prolific writer and speaker, he regularly shares insights at conferences and contributes articles to various publications.
The globalization of trade presents immense opportunities for SMEs (small and medium size enterprises), with cross-border transactions becoming increasingly prevalent. As SMEs navigate this evolving landscape, understanding the trends shaping global trade is crucial for capitalizing on growth prospects. Alongside these opportunities comes the challenge of understanding and managing foreign exchange risks. By keeping up with current trade trends and using appropriate tools and strategies, SMEs can thrive in international markets while staying efficient and cost-effective.
